ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

GFRD Galliford Try Holdings Plc

240.00
-4.00 (-1.64%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Galliford Try Holdings Plc LSE:GFRD London Ordinary Share GB00BKY40Q38 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -1.64% 240.00 239.00 240.00 248.00 239.00 248.00 146,623 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-single-family Home 1.39B 9.1M 0.0886 26.98 245.37M

Galliford Try PLC Statement re media speculation (2106A)

28/05/2019 7:01am

UK Regulatory


Galliford Try (LSE:GFRD)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Galliford Try Charts.

TIDMGFRD TIDMBVS

RNS Number : 2106A

Galliford Try PLC

28 May 2019

28 May 2019

Galliford Try plc

Statement regarding media speculation

The Board of Galliford Try plc ("Galliford Try" or the "Board") notes the recent media speculation and confirms that it received a preliminary proposal from Bovis Homes Group PLC ("Bovis Homes") to acquire Galliford Try's Linden Homes and Partnerships & Regeneration divisions in exchange for new Bovis Homes shares (the "Bovis Homes Proposal").

The Bovis Homes Proposal envisaged Galliford Try remaining an independent UK-listed group focussed on construction and Galliford Try shareholders receiving new Bovis Homes shares pro rata to their current Galliford Try shareholdings.

The Galliford Try Board carefully considered the Bovis Homes Proposal together with its financial adviser, Rothschild & Co. The Board rejected the Bovis Homes Proposal as it believes it does not fully value the Linden Homes and Partnerships & Regeneration divisions and is not in the interests of all shareholders.

As set out in the Trading Update on 21 May 2019, the Galliford Try Board remains confident in the long-term prospects of the group.

This announcement contains inside information for the purposes of article 7 of EU Regulation 596/2014. The person responsible for making this announcement on behalf of Galliford Try is Kevin Corbett, General Counsel and Company Secretary.

End.

 
                           James Macey White, Martin 
 Tulchan Communications     Pengelley, Elizabeth Snow    020 7353 4200 
 

Notes to editors:

1. Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2018, the Group generated revenue of GBP3.1bn.

2. N. M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting for Galliford Try and no one else in relation to the matters described in this announcement and will not be responsible to anyone other than Galliford Try for providing the protections afforded to clients of Rothschild & Co nor for providing advice in relation to the matters described in this announcement.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

STRDMGZKLNLGLZG

(END) Dow Jones Newswires

May 28, 2019 02:01 ET (06:01 GMT)

1 Year Galliford Try Chart

1 Year Galliford Try Chart

1 Month Galliford Try Chart

1 Month Galliford Try Chart

Your Recent History

Delayed Upgrade Clock